Article
Article name Investments in the economy of the eastern regions of Russia: problems of an accelerated development
Authors Faleychik L.. candidate of technical sciences major research scientist; associate professor, lfaleych ik@bk.ru
Faleychik A.. candidate of physical and mathematical sciences, associate professo, faa55@bk.ru
Bibliographic description
Category Economics
DOI 330.356
DOI 10.21209/2227-9245-2020-26-8-137-148
Article type
Annotation The article presents the results of the analysis of the dynamics of the investment flows in fixed capital (FC) in the East of Russia and their economic efficiency for the period 2011–2018. Special attention is paid to the sectoral structure of FC investments in the regional economy, their importance for creating conditions for the accelerated socio-economic development of the Eastern border regions of Russia – the subjects of the Far Eastern Federal District and the Baikal Region. The purpose of this study is to assess the economic effects generated by the investments in the economy of the Eastern border regions of the Russian Federation. As a hypothesis, we consider the assumption that attracting investment to the region is a key factor of not only accelerated, but also sustainable development of the regions under consideration. The factors hindering the sustainable development of the economies of these regions are considered. It is shown that there are multidirectional trends in the socio-economic development of the considered regions. Analysis of investment flows and indicators of socio-economic development of the Eastern regions of the Russian Federation for the period 2011–2018 allows to confirm the conclusion that the existing institutional environment does not yet ensure sustainable economic development of the East of Russia. The integration processes here are hampered by excessively strong dependence on the federal centre and a focus on specific investors. Therefore, the Eastern Russian regions are forced to build their economic policy, focusing on creating attractive conditions for large investors. The stability of economic growth can be ensured only through stable growth of the region population and an improvement of the human capital quality. For the successful implementation of large-scale development plans for the East of Russia, it is necessary to stop the processes of depopulation of the territory and maintain optimal proportions between the economic and demographic reproduction
Key words socio-economic development of the East of Russia; investments in fixed capital (FC); gross regional product (GRP); comparable prices; investment return; GRP growth; types of economic activity (TEA); sectoral structure; GIS technologies; accelerated development
Article information Faleychik L., Faleychik А. Investments in the economy of the eastern regions of Russia: problems of an accelerated development // Transbaikal State University Journal, 2020, vol. 26, no. 8, pp. 137–148. DOI: 10.21209/2227-9245-2020-26-8-137-148.
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